股票代码：002270 股票简称：华明装备 华明电力装备股份有限公司 投资者关系活动记录表 | --- | --- | --- | |-----------------------|-------------------------|--------------------------------------------------------| | | | | | | ■特定对象调研 | □分析师会议 | | | | □媒体采访 □业绩说明会 | | 投资者关系活 | □新闻发布会 □路演活动 | | | 动类别 | □现场参观 | | | | ■其他 电话调研 | | | 参与单位名称 | | 万家基金：李杨、况晓、张希晨、郑中天、王健、高源、耿嘉 | | 及人员姓名 | | 洲、郎彬、李文宾；中金公司：刘倩文 | | 时间 | 2022 年 11 月 9 | 日 13:30-14:45 | | 地点 | 公司 | | | 上市公司接待 人员姓名 | 董事会秘书 | 夏海晶 | | | 1 | 、电网需求增长较快的原因，是否可持续？ | | | | 从需求看，电网基础建设在持续增长，另外去年电网投资 | ...

股票代码：002270 股票简称：华明装备 华明电力装备股份有限公司 投资者关系活动记录表 | --- | --- | --- | |-----------------------|-------------------------|--------------------------------------------------------| | | ■特定对象调研 | □分析师会议 | | | □媒体采访 □业绩说明会 | | | 投资者关系活 | □新闻发布会 □路演活动 | | | 动类别 | ■现场参观 | | | | □其他 电话调研 | | | 参与单位名称 | 中欧基金：许文星 | | | 及人员姓名 | 淳厚基金：谭啸风 | | | 时间 | 2022 年 9 月 19 | 日 15:15-16:15 | | 地点 | 公司 | | | | | | | 上市公司接待 人员姓名 | 董事会秘书 夏海晶 | | | | 1 | 、公司的主要竞争对手？ | | | | 公司的主要的竞争对手还是海外的竞争对手。国内没有成 | | | 规模的竞争对手。 | | | 投资者关系活 | 2 | 、特高压 ...

投资者关系活动记录表 股票代码：002270 股票简称：华明装备 华明电力装备股份有限公司 | --- | --- | --- | |-----------------------|-----------------------|---------------------------------------------------------------------------------------| | | | ■特定对象调研 □分析师会议 | | | | □媒体采访 □业绩说明会 | | 投资者关系活 | □新闻发布会 □路演活动 | | | 动类别 | ■现场参观 | | | | □其他 电话调研 | | | 参与单位名称 | 景顺长城：陈乐 | | | 及人员姓名 | 广发证券：高翔 | | | 时间 2022 年 8 月 29 | | 日 10:20-11:30 | | 地点 公司 | | | | | | | | 上市公司接待 人员姓名 | 董事会秘书 夏海晶 | | | | | 1、公司今年一季度增长的原因？ 今年一季度还是受益于财务费用大幅下降，长期应收款的 | | | | 回收，同时销售收入 ...

股票代码：002270 股票简称：华明装备 华明电力装备股份有限公司 投资者关系活动记录表 | --- | --- | --- | |-----------------------|-------------------------|--------------------------------------------------------| | | | | | | ■特定对象调研 | □分析师会议 | | | □媒体采访 □业绩说明会 | | | 投资者关系活 | □新闻发布会 □路演活动 | | | 动类别 | □现场参观 | | | | ■其他 电话调研 | | | 参与单位名称 | 嘉实基金：董福焱、宋阳 | | | 及人员姓名 | 开源证券：殷晟路、周磊 | | | 时间 | 2022 年 9 月 28 | 日 15:45-16:50 | | 地点 | 公司 | | | 上市公司接待 人员姓名 | 董事会秘书 | 夏海晶 | | | | 1、分接开关的毛利率能否维持在目前的水平？ | | | | 公司分接开关产品的毛利一直比较稳定，是由于厂家对分 | | | | 接开关产品的安全性、可靠性要求比 ...

股票代码：002270 股票简称：华明装备 | --- | --- | --- | |-------------------------|-----------------------------------|----------------------------------------------------------| | | ■特定对象调研 | □分析师会议 | | | □媒体采访 □业绩说明会 | | | 投资者关系活 | □新闻发布会 □路演活动 | | | 动类别 | ■现场参观 | | | | □其他 电话调研 | | | 参与单位名称 及人员姓名 | 西南证券：韩晨、李昂 | | | 时间 | 2022 年 8 月 24 | 日 13:30-15：00 | | 地点 | 上海市普陀区同普路 | 977 号 | | | | | | 上市公司接待 人员姓名 | 董事会秘书 证券事务代表：王家栋 | 夏海晶 | | | 1、2 | 季度净利润率提升明显的原因？ | | | | 第一、由于今年财务费用的降低，去年公司归还了 7 亿元 | | | | 的公司债，导致财务费用与去年同期相比下降比较明显 ...

股票代码：002270 股票简称：华明装备 华明电力装备股份有限公司 投资者关系活动记录表 | --- | --- | --- | |-------------------------|-------------------------|--------------------------------------------------------| | | ■特定对象调研 | □分析师会议 | | | □媒体采访 □业绩说明会 | | | 投资者关系活 | □新闻发布会 □路演活动 | | | 动类别 | □现场参观 | | | | ■其他 电话调研 | | | | 国信证券：王晓声 | | | | 鹏扬基金：王哲 | | | 参与单位名称 及人员姓名 | 淳厚基金：陈文 | | | | 惠升基金：孙阳 | | | | 弢盛资产：赵储祥 | | | 时间 | 2022 年 11 月 3 | 日 15:30-16:30 | | | | | | 地点 | 公司 | | | 上市公司接待 人员姓名 | 董事会秘书 | 夏海晶 | | | 1 | 、电网投资的大背景下对公司订单的影响？ | | | | 从宏观上看， ...

投资者关系活动记录表 股票代码：002270 股票简称：华明装备 华明电力装备股份有限公司 | --- | --- | --- | |-----------------|-------------------------|--------------------------------------------------------| | | | | | | ■特定对象调研 | □分析师会议 | | | □媒体采访 □业绩说明会 | | | 投资者关系活 | □新闻发布会 □路演活动 | | | 动类别 | ■现场参观 | | | | □其他 电话调研 | | | 参与单位名称 | | 巽升资产：陈磊、东方红：郑华航、光大资管：郭冲冲、申银 | | 及人员姓名 | 万国：戴映炘 | | | 时间 | 2022 年 11 月 1 | 日 10:10-11.40 | | 地点 | 公司 | | | 上市公司接待 | 董事会秘书 | 夏海晶 | | 人员姓名 | | | | | 1 | 、电网的投资和新型电网的建设对公司产品需求会不会 | | | 有大的需求增速拉动？ | 电网投资是一个循序渐进的过程，加上公司产品 ...

投资者关系活动记录表 ■特定对象调研 □分析师会议 □媒体采访 □业绩说明会 投资者关系活 □新闻发布会 □路演活动 动类别 □现场参观 ■其他 电话调研 股票代码：002270 股票简称：华明装备 华明电力装备股份有限公司 | --- | --- | |-------|-------------------------------------------------------| | | | | | Admiralty Harbour Capital Limited：Na YOU；FOSUN HANI | | --- | --- | |-----------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ ...

Financial Performance - The company's operating revenue for Q3 2022 was ¥449,811,895.31, representing a year-on-year increase of 10.23%[7] - The net profit attributable to shareholders for Q3 2022 was ¥101,343,039.39, up 20.38% compared to the same period last year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥100,967,096.82, an increase of 24.47% year-on-year[7] - The basic earnings per share for Q3 2022 was ¥0.1131, a slight increase of 2.01% from the previous year[7] - Total operating revenue for the current period reached ¥1,199,828,061.06, an increase of 9.8% compared to ¥1,092,062,166.59 in the previous period[27] - Net profit attributable to shareholders of the parent company was ¥287,077,341.30, down 25.3% from ¥384,343,845.94 in the previous period[29] - Basic and diluted earnings per share were both ¥0.3375, compared to ¥0.5062 in the previous period[32] - The company reported a total comprehensive income of ¥335,259,216.57, down from ¥383,673,897.97 in the previous period[32] Assets and Equity - The total assets at the end of Q3 2022 reached ¥4,412,908,416.96, reflecting a growth of 7.71% from the end of the previous year[7] - The equity attributable to shareholders increased to ¥3,315,380,971.24, a rise of 16.41% compared to the end of last year[7] - Total assets as of September 30, 2022, were 4,412.91 million, up from 4,097.10 million at the beginning of the year[23] - Total equity increased to ¥3,317,853,040.68 from ¥2,849,836,098.54, reflecting a growth of 16.4%[25] Cash Flow - The cash flow from operating activities for the year-to-date was ¥338,698,766.63, showing an increase of 24.15% year-on-year[7] - Operating cash inflow for the period was CNY 1,159,171,940.72, slightly up from CNY 1,155,734,568.45 in the previous period, indicating a growth of approximately 0.04%[33] - Net cash flow from operating activities increased to CNY 338,698,766.63, compared to CNY 272,814,883.71 in the same period last year, representing a growth of about 24.1%[36] - The total cash and cash equivalents at the end of the period reached CNY 1,029,428,683.67, up from CNY 831,905,991.60 at the end of the previous period, reflecting an increase of approximately 23.7%[36] Investments and Expenses - The company reported a significant increase in long-term equity investments by 182%, primarily due to new investments made during the period[12] - The company experienced a 96.17% decrease in financial expenses, attributed to reduced interest expenses and increased foreign exchange gains[12] - Research and development expenses increased to ¥48,703,058.27, up from ¥40,425,038.04, marking a rise of 20.5%[29] - Cash outflow from investment activities was CNY 124,117,769.08, down from CNY 305,407,226.01 in the previous period, showing a decrease of approximately 59.3%[36] Liabilities - Total liabilities decreased to ¥1,095,055,376.28 from ¥1,247,266,548.01, a reduction of 12.2%[25] Shareholder Information - The total number of common shareholders at the end of the reporting period was 55,632[16] - The largest shareholder, Shanghai Huaming Power Equipment Group Co., Ltd., held 28.25% of shares, totaling 253,144,534 shares[16] Other Financial Metrics - The weighted average return on equity for the year-to-date was 8.73%, down 5.04% compared to the same period last year[7] - The company reported a cash inflow from tax refunds of CNY 20,195,156.38, up from CNY 17,133,211.86 in the previous period, indicating a growth of approximately 12.0%[33] - Cash received from the disposal of fixed assets was CNY 95,195,137.20, significantly higher than CNY 7,760.00 in the previous period[36] - Cash paid to employees increased to CNY 188,287,744.88 from CNY 175,502,217.46, marking an increase of about 7.5%[36]

Financial Performance - The company's operating revenue for the first half of 2022 was CNY 750,016,165.75, representing a 9.65% increase compared to CNY 683,982,722.64 in the same period last year[25]. - The net profit attributable to shareholders of the listed company decreased by 38.47% to CNY 185,734,301.91 from CNY 300,156,992.90 in the previous year[25]. - The net profit after deducting non-recurring gains and losses increased by 125.19% to CNY 178,693,083.90, compared to CNY 79,351,491.67 in the same period last year[25]. - The net cash flow from operating activities increased by 35.76% to CNY 246,564,603.56, up from CNY 181,642,511.46 in the previous year[25]. - The total assets at the end of the reporting period were CNY 4,197,807,054.95, a 2.46% increase from CNY 4,097,102,646.55 at the end of the previous year[25]. - The net assets attributable to shareholders of the listed company increased by 20.19% to CNY 3,422,834,493.47 from CNY 2,847,950,039.95 at the end of the previous year[25]. - Basic earnings per share decreased by 43.56% to CNY 0.2244 from CNY 0.3953 in the same period last year[25]. - The weighted average return on equity decreased to 5.85% from 10.90% in the previous year[25]. Revenue Breakdown - The company achieved operating revenue of CNY 750 million, a year-on-year increase of 9.65%[48]. - The power equipment business generated revenue of CNY 554 million, with a year-on-year growth of 1.23%[48]. - The electric engineering business saw a significant revenue increase of 280.25%, reaching CNY 101 million[48]. - The company's operating revenue for the equipment manufacturing segment was CNY 625,032,181.43, a decrease of 2.07% year-over-year[57]. - The operating revenue for the power engineering segment increased by 280.25% year-over-year, reaching CNY 100,975,727.59[57]. - Domestic revenue accounted for CNY 698,145,476.28, representing a 16.52% increase year-over-year[57]. - International revenue decreased by 38.84% year-over-year to CNY 51,870,689.47, primarily due to the impact of COVID-19 and the Russia-Ukraine conflict[57]. Investment and Assets - The company reported a total non-operating income of 7,041,218.01, after accounting for government subsidies and tax impacts[31]. - The total amount of raised funds in 2022 was RMB 499,999,998.65, with a net amount of RMB 492,434,917.23 after deducting underwriting fees[77]. - As of June 30, 2022, the remaining balance of raised funds was RMB 20,093,607.93, temporarily stored in a special account[77]. - The company utilized RMB 47,700,000 of the raised funds, achieving a utilization rate of 95.4%[79]. - The company’s total investment during the reporting period was CNY 59,643,469.98, a decrease of 69.29% compared to the same period last year[69]. - The company’s fixed assets decreased to CNY 792,558,965.12, down 1.03% from the previous year[61]. - The total assets increased, with cash and cash equivalents at CNY 975,467,444.34, up 4.65% from the previous year[61]. - Accounts receivable rose to CNY 753,262,346.16, an increase of 6.01% year-over-year, attributed to delayed payments due to the pandemic[61]. Research and Development - R&D investment increased by 18.91% to CNY 25.7 million, reflecting the company's commitment to innovation[52]. - The company maintained a product failure rate below 2‰, aligning with international advanced levels[46]. - Approximately 80% of components are designed and processed in-house, enhancing product quality and stability[48]. Market and Industry Position - The company is the only domestic manufacturer with two complete industrial chain production bases for transformer tap changers, securing the first position in the domestic market and second globally[38]. - The company holds over 300 patents related to tap changer technology, being the only domestic enterprise capable of manufacturing high-voltage tap changers[42]. - The new energy vehicle and photovoltaic manufacturing sectors have seen rapid investment growth, driving demand for transformer tap changers[38]. - The company has established a strong international presence, participating in the formulation of industry standards and being a member of the IEEE and CIGRE[38]. - The implementation of new transformer efficiency standards is expected to reduce loss indicators by 10-45%, promoting industry upgrades[41]. - The company anticipates continued growth in electricity demand due to improved economic conditions and seasonal factors[36]. Corporate Governance and Compliance - The company emphasizes the importance of risk awareness regarding forward-looking statements in the report[6]. - The company has committed to avoiding related party transactions and ensuring fair pricing in transactions post-major asset restructuring, with strict adherence to legal and regulatory requirements[119]. - The company guarantees the independence of its financial and operational structures, maintaining separate accounting systems and bank accounts from its parent company[127]. - The company has pledged to protect the interests of minority shareholders by ensuring independence in personnel, finance, assets, and operations[130]. - The company has committed to ensuring that all materials provided to intermediaries during the restructuring are original and accurate, with no significant omissions[144]. - The company has stated that if any violations of commitments occur, they will bear individual legal responsibilities[152]. - The company has promised to comply with relevant laws and regulations in exercising rights and not to interfere with the company's management activities[155]. Social Responsibility - The company donated 70,000 yuan to the "Love Under the Blue Sky" charity project and 50,000 yuan to the People's Government of Zunyi City during the first half of 2022[115]. - The company plans to enhance its pandemic prevention system and actively explore market opportunities to mitigate risks associated with the ongoing COVID-19 pandemic[97]. Risk Management - The company is facing foreign exchange risk as its international business revenue proportion increases, and it plans to utilize hedging tools to manage this risk[97]. - The company will strengthen customer credit investigations to manage potential credit risks amid increasing economic pressures[98]. - The company plans to optimize strategic partnerships with raw material suppliers to mitigate the impact of price fluctuations on production costs[98].